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Top Wall Street Stories: MGM Resorts International (NYSE:MGM), Boston Scientific Corporation (NYSE:BSX), Wipro Ltd. (NYSE:WIT), Plantronics, Inc. (NYSE:PLT), Tiptree Financial Inc. (NASDAQ:TIPT)

Top Wall Street Stories: MGM Resorts International (NYSE:MGM), Boston Scientific Corporation (NYSE:BSX), Wipro Ltd. (NYSE:WIT), Plantronics, Inc. (NYSE:PLT), Tiptree Financial Inc. (NASDAQ:TIPT)
Written by
Charles Donlon
Published on
November 7, 2014
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MGM Resorts International (NYSE:MGM) received a unanimous vote from the Massachusetts Gaming Commission (MGC) officially granting MGM Springfield a license to operate a resort casino in Downtown Springfield. The license is effective, Nov. 7. MGM Resorts International (NYSE:MGM) belongs to Services sector. Its net profit margin is 1.40% and weekly performance is -4.83%. On last trading day company shares ended up $21.87. MGM Resorts International (NYSE:MGM) distance from 50-day simple moving average (SMA50) is -3.72%. Boston Scientific Corporation (NYSE:BSX) is scheduled to participate in the 2014 Stifel Healthcare Conference on Tuesday, November 18, 2014 in New York City. Boston Scientific Corporation (NYSE:BSX) shares increased 0.23% in last trading session and ended the day at $13.36. BSX Gross Margin is 70.10% and its return on assets is 1.70%. Boston Scientific Corporation (NYSE:BSX) quarterly performance is 8.35%. Wipro Ltd. (NYSE:WIT) and Red Hat, Inc. (NYSE: RHT), announce the global expansion of their alliance to accelerate the deployment of open hybrid cloud solutions. As part of the expanded collaboration, Red Hat and Wipro will work together to develop and deliver enterprise-grade cloud solutions to the market, and will also jointly deliver next-generation DevOps solutions for continuous integration and testing. On 06 November, Wipro Ltd. (NYSE:WIT) shares increased 0.08% and was closed at $12.45. WIT EPS growth in last 5 year was 14.90%. Wipro Ltd. (NYSE:WIT) year to date (YTD) performance is -0.08%. Plantronics (NYSE:PLT) CEO S Kenneth Kannappan unloaded 7,069 shares of Plantronics stock on the open market in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $52.01, for a total value of $367,658.69. Plantronics, Inc. (NYSE:PLT) ended the last trading day at $52.57. Company weekly volatility is calculated as 1.62% and price to cash ratio as 6.30. Plantronics, Inc. (NYSE:PLT) showed a weekly performance of 2.74%. Tiptree Financial (NASDAQ:TIPT) was upgraded by research analysts at TheStreet from a “sell” rating to a “hold” rating in a report released on Wednesday. Tiptree Financial Inc. (NASDAQ:TIPT) shares increased 0.98% in last trading session and ended the day at $8.28. TIPT Gross Margin is 63.30% and its return on assets is 0.10%. Tiptree Financial Inc. (NASDAQ:TIPT) quarterly performance is 17.45%.

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